Thomson Reuters announced the delivery of several significant enhancements to its award winning Accelus Risk Manager, which will enable organizations to further strengthen their approach to enterprise risk management.
The new capabilities include:
- Fully-integrated sensitivity and stress testing capabilities in the quantification module provides quick and easy regulatory stress testing as well as model risk analysis.
- Advanced visualisation capabilities enable the creation of interactive graphs and maps e.g. users can now view risk levels relative to agreed appetite for risk plotted across a world map.
- A new powerful search functionality enables comprehensive analysis of the causes and effects of risks across all available information such as risks, controls and documents.
“These substantial new features reflect how Thomson Reuters Accelus Risk Manager teams are connecting our technologies together to help drive risk management excellence in partnership with our users,” said Chris Perry, managing director, Risk at Thomson Reuters. “Conversations with our clients, in one-to-one visits as well as in our user groups, have driven these developments together with the richness of Thomson Reuters expertise in the market.”
Accelus Risk Manager enables organisations to establish a framework for operational risk and enterprise risk management based on their risk appetite. It empowers executives to actively manage risks across their business, track the tasks others are expected to perform and report status to key stakeholders.